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months. it could mean delaying the tax penalties if you don't enroll or delay could mean not doing anything on the individual mandate. how do you read that? >> republicans sense weakness. when you look at senator joe manchin of west virginia and others are pushing to enter into the obama care exchange for the individual mandate, so democrats are pushing for a delay on that front. republicans, of course, are pushing for a delay of the entire individual mandate. they would like to get inteegious on the record on those fronts. >> robert costa, thank you very much. we appreciate it, as always. >>> health and human services kathleen inte k -- kathleen sebelius is set to testify tomorrow. going back to the office of management and budget during the reagan years. chairman fred, thank you for coming on. i appreciate it. look, a very embarrassing politically devastating moment for obama, this whole business about false promises and you are not going to be able to keep at least 50% won't be able to keep their insurance plans what can you do about it, fred? what can you do about it? >> well,
is talking about accepting a budget deal without any knew taxes. on timing. as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! ♪ neil: the conventional wisdom is that it will get nasty. you know, democrats are going to keep demanding high taxes and more taxes as part of any deal. lo and behold, or that the white house might be pulling a head fake or sincerely meaning they do not want taxes to be part of it. all the suddenness of the white house. >> trying to frame the debate. taxes were never on the table. this is all about spending. this is about the democrats to want more spending. upset at the sequestration. the only fight that the rep
out of 12% declared that america's large profitable corporations are paying a lower tax rate than our teachers and firefighters. this went back and said, look, this isn't the way to do it, not one year, because it followed the recession. it followed 2008 and 2009. you remember ge and other corporations? the entire financial sector had a lot of writeoffs. he did a different study. he went back and did 2004 to 2010, he counted all taxes paid worldwide, including state, including foreign, and the effective tax rate of all u.s. corporations exceeded 35% from 2004 to 2010. the other thing he found out was since 1997 all the leading economies of the world, 31 out of 34 have cut their corporate tax rates to attract job. >> did you say that includes foreign taxes too? >> includes foreign taxes. >> i mean, don't we only care about taxes paid here in the united states? >> why, because that's all we collect? >> yeah. it doesn't matter if we collect, it matters how competitive -- >> it matters if you're looking at u.s. tax receipts. if you're looking at u.s. -- >> doesn't it matter whether u.s. c
plan comes out, for example, if your insurance is do gotoo good, you have to pay a tax, i had people come up and say i have to dpay tax on my insurance because it is too good for obama care. >> now, others have joined in. they introduced the, if you like your plan, you can keep your plan act. is that going to go anywhere? >> well, i support it. what it is doing, with these crazy rules saying if your insurance is good, you can keep it. they slid this one word in, saying if your insurance changes from the time obama care is passed, you lose your insurance. they slipped it in because they want you to be on one of four government choices. there used to be hundreds and hundreds of insurance choices in our country, there will now be four. even if they tell you there are 20 different insurance exchanges in one plan, there are still only four choices. they're only allowed to sell four choices. this is really the taking of your freedom. when ken churuccinelli talks ab it, he says this is a choice. >> i think they figured out there were 19 million fewer people that could be in the exchanges. a
tax questions, call us 1-877-249-9626. we want to hear you from. it's as simple as this. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. at od, whatever business you're in, that's the business we're in with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. gerri: welcome back to our special user guide to obamacare, you still have time to send in your question, 1-877-249-9626. back again with me to answer your tax related questions. rich, thank you for coming back after dinner. i appreciate that. we have a caller here wayne in north carolina. what is your question? >> two questions, when there is a discussion about total income for individuals, as far as getting offset fro
cadillac plans? >> something is happening to them now. there's going to be an exercise tax that kicks in 40% now, on any benefits, premiums paid over $10,200 for individuals, $27,500 for families. so that exize tax kicks in four years from now. employers are shifting costs to the covered people to employees like ourselves and making them pay more in anticipation of that exized tax kicking in. >> if the net cost, in other words, to the company is greater than that 10,200 or whatever it is -- >> pays 40% on top of that. >> the employer pays that. they would figure in the costs they pay to the insurer to cover me. >> that's right. >> and figure in or reduce that amount by the amount that i pay per month. >> one way to address it. >> that i pay in typical deductions. >> overall trend in the industry to shift costs to the employee. >> we know that. >> and this is exacerbating that. >> this is happening for years in the private sector. >> you know, in fairness to the administration, an effort to contain costs to make people aware of what they're paying for. >> one of these things, goes back to th
subsidizes health care for people under 65 is through a tax provision, where if your employer pays your cash, you pay taxes on it and if he pays in health insurance, you don't pay tax. this reduces revenue by $300 billion a year. if it were a government program, it would be one of the largest within the federal government. the way the subsidy is structured, the higher the tax rate, the more it is worth. ted cruz, his wife is a highly paid investment banker, they get their insurance through a cadillac plan at goldman sachs and it cost $40,000 a year in 2009. to get a sense, family health insurance would cost 15,000 or 16,000, well more than twice as expensive as normal. the tax benefit is worth about $15,000. now the cost to insure a family of four on medicaid at that time was about $11,000. so that it's not that their health plan cost more than medicaid but the part subsidized by taxpayers cost more than the entirety of medicare coverage. what the affordable care act does is shift around the subsidies, it takes the money and puts it to people who need it either because they have low incomes
year's crisis in washington? what they did was, they raised taxes, and they cut spending through the sequester. and that's had a fairly predictable result. it's been good for the deficit. take a look at this chart, and you'll see the deficit as a percent of gdp has gone down dramatically since 2009 when it was 9.2%. 2013, just 4.1%. 79% of the decrease the government says it due to tax receipts. record tax receipts in 2013, up $325 billion from 2012. that's up 13%. so the tax man is getting his cut of this improving economy and also as a result of those tax increases. that has led to this lowering of the u.s. deficit. that's something the obama administration says is a good thing. they feel like, you know, it's not getting enough attention here in all of this hullabaloo here in washington. >> a quick follow-up question if i might that kayla tausche raised. and that is all of the money that the federal government has collected in settlements, fines and so forth with, for example, financial services company -- companies in the hundreds of billions of dollars over the past four or f
taxes on people who benefitted the most in last regime, republicans' to cut spending willy-nilly. neil: no, i don't see a lot of spending ideas offered on the table by any party. i see. saying, record tax revenue we're getting, we want more. we' more of, that i don't hear offers for more spending cuts. >> no, let's be clear, the president of united states got his big tax increase on the rich. last year, 600 billion. that is -- >> it is working. >> he is coming back to the well he wants another $1.1 trillion tax increase in next 10 years, in his budget proposal he increases the debt by $8.2 trillions, that never comes close -- -- >> robert, on both sides, the urgency is taken away when you whoop and scream and rejoice at a deficit that is only 600 billion-dollars, we remember it was 60 billion-dollars, jimmy carter said it was all like a fiscal war. i think that was then, this is now. we tolerate what is still very, very worrisome news. nancy pelosi said, cupboard is bear, there is no room to cut, harry reid said americans are onboard hiking taxes more, like we live in a make believe wo
it, regulate it, and tax it. >> terry lanni, the ceo of mgm/mirage. he says if his company could offer internet gambling, it could instantly double its $8 billion a year revenue. >> if we could add our brand and the credibility of a publicly traded united states gaming company, this could be a vast business. >> but mgm/mirage is shut out because the government says a law banning sports betting over the phone also bans all gambling on the internet. obviously, it hasn't stopped u.s. citizens from doing it, but it has stopped u.s. companies from offering it. >> the vast majority of wagers that are placed on the internet now are done offshore and illegally. and i, for one, think that to enact laws that you can't enforce makes no sense whatsoever. >> lanni and mgm/mirage set up their own offshore gambling website a few years ago, but to stay within the law, they could only accept bets from gamblers outside the u.s. >> we just didn't make any money; that was the problem. >> so you shut it down. >> we did. >> it's all very odd. >> well, no, it is odd. there's no doubt about that. i mean
and says it's worth $40 a share. there's the alibaba ownership. that's after tax affecting it i think. and you get to $40 -- $6 a share for the core business. we shall see. but i will tell you this, alibaba growing as quickly as it is will be fascinating to see when it does come public. that will be a first half ipo. again, the filing still expected in the first quarter. you actually get the offering then, unclear, but let's assume it's the first half of the year. another key that yahoo! shareholders need to be up on, can they figure a tax efficient way for what it doesn't sell, may sell as little as 9% and therefore have a good remainder of alibaba, which is shocking, $190 billion. >> it's killing it. >> killing it. ebidta growing. it puts twitter to shame. >> as for the bernstein call, what if the core value does improve? >> here's the issue for me. wrooef se we've seen these over and over again, internet companies and people go crazy. i don't know what to pay for alibaba. i don't. if it's real, and it sounds real -- >> it's real. this company is generating enormous operating profit
is that over 10% of america's largest companies pay zero percent tax rate. i would like to know where the big target shooter stands on that. does he think that's fair for average americans? that 10 percent of meramerica's largest companies pay zero percent? never answers those kinds of questions because the conservative media protects those folks. cruz cares about protecting his big money corporate interests, and he's always at work. he wants those folks to put him in office. and you know what, as of late, there is no better example than his most recent stunt. pay attention, folks. ted cruz is blocking president obama's nominee for chairman of the federal communications commission. now, the president has nominated ex tell com industry lobbyist tom wheeler. good guy. wants him to head up the fcc. now, of course, there are five seats on the federal communications commission, and three of them are vacant. and, of course, they're looking for some good democrats, because that's how it works when you have a democratic president. wheeler is a democrat, and republicans are worried that he might, wait
early next year? they're going to cave on the budget? what are they going to do about taxes? well, they are here next. ♪ inside out, and round and round♪ ♪ upside down you turn me, you're giving love instinct tiffly. round and round you'll turn me♪ (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) ranked highest in investor satisfaction with self-directed services by j.d. power and associates. wow...look at you. i've always tried to give it my best shot. these days i'm living with a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. at first, i took warfarin, but i wondered, "could i up my game?" my doctor told me about eliquis. and three important reasons to take eliquis instead.
capability back in the early '80s, and it proved a remarkable decision on his part. >> and to cut taxes. >> and cut taxes at the same time. so i'm not opposed under certain circumstances to running deficits. the debt is another problem and we've gotten to the point now where especially because of entitlement programs but because there really hasn't been much done in the way of trying to restrain spending, we now have trillion dollar deficits every year and a $17 trillion debt we are passing on to our kids and grandkids. that concerns me. >> a lot of economists look at the debt and say a lot of the reason for the debt, in addition to the entitlement programs you're talking about, are things that you and president bush did in terms of funding or not funding the iraq and afghanistan wars, in terms of the medicare prescription drug benefit and in terms of the tax cuts. are you and president bush not also responsible for the deficit? >> well, in terms of prescription drug benefits for seniors, that's something the president campaigned on before i ever got involved. i think it was a good prog
a year. didn't happen. it's not going to happen. he promised us no tax increases. huge tax increases. in fact, the biggest middle class tax increase we've ever seen. he told us that if we liked our health insurance plan we could keep it. tell that to 16 million americans today. or that the cost was actually going to go down. that didn't happen to jason anderson in my district who's 31 years old whose wife and 2-year-old baby saw their premium double and triple. >> what about all the people who can now buy health insurance because they had a pre-existing condition? earlier they couldn't buy health insurance. all of a sudden now they can go out and buy health insurance. you would welcome that. >> that was a heartbreaker for every american to hear those stories. that's something where republicans and democrats could have come together. the "washington post" said this is a $5 billion problem. you know me, wolf. i'm a strong fiscal conservative. i would have gone to the treasury and wrote out the check for 5 billion every year to pay for the pre-existing poll. that's something we could ta
't forget, it's tax deductib deductible. >> i disagree. okay. >> last word. are you disinvesting, mike? >> no, no, i'm always fully invested. i've been riding this. i've been delighted. we've had a very defensive take on the markets. as you know, i've stayed with my health care, my technology. my industrial stocks and my consumer staples. we've been looking like a hero. i hope it continues. but i don't -- i think you're much wiser when prices get this high. p/e multiples expand and profit margins are at all-time highs to hit your singles and doubles. >> buy and hold. that's my mantra. this thing is going to come to an end. they always do. i know that. >> yeah. >> but right now, it isn't the end. i'm with mr. heebner on this one. thank you. we appreciate it very much. >>> now, news, israelis take out a huge shipment of russian missiles in syria. looks like they were being sent to the terrorists at hezbollah. we're going to have the latest on that developing story and more, just ahead. it's a growing trend in business: do more with less with less energy. hp is helping ups do just that. s
, coming up. >>> imagine paying your taxes by the mile. the government charging you based on how far you drive. the new proposal. we'll tell you about it. who? not so much. my customers can shop around. but it doesn't usually work that way with health care. with unitedhealthcare, i get information on quality rated doctors, treatment options and cost estimates, so we can make better health decisions. that's health in numbers. unitedhealthcare. #%tiaintroducing cardioviva: the first probiotic to help maintain healthy cholesterol levels without a prescription. cardioviva. >>> time now for a political gut check of the morning. the white house is reviewing all u.s. surveillance programs after reports national security agency was spying on some 35 world leaders and the top senator on the senate intelligence committee says he is totally opposed to that surveillance and that data collection will not continue. cnn's chief national correspondent john king is here to talk more about all of this. it's pretty interesting where things have gotten with this spying controversy, john. the white house is
republican after republican talking about cutting taxes, talking about growing the economy, but not reaching to of the folks of middle-class, marking -- working men and women. it is like the republican party has written another class exists >> i certainly agree in terms of making that contact with working families. the biggest jealous families face a virginia is economic opporunity, jobs. there are enormous loss of virginia verbal of leisurely judge of the members because there have been unemployed so long three they're focused on that. a big difference. i can explain my plan to grow jobs and cut taxes. he is proposing more government spending. $1,700 more per family. other than zero in this month on obamacare. there is a stark difference also. once again come his approach is bigger government and-smaller government. was the first of five obamacare. lou: you were the first one to sue on obamacare. >> right. lou: at the same time, is that an issue for virginia voters? we look at these numbers. we're talking about, you know, roughly 10 percent of the folks that are going to the polls, federal
. >> no. neil: really. it is only be addressed by raising taxes. >> not just raising taxes on the rich, you began with ron at reagan, my mom would be motor fid. -- she voted for ronald reagan once. >> what happened to you? >> what happened to the republican party is the real question. the people in congress that mercedes is referring to. neil: ronald reagan said, government is not solution to the problem, it is the problem. i am wondering when the leaders, prominently the democratic party, said the spending well has run dry, we have to raise taxes, i get worried that is all i'm saying. >> i hope, it is an election year, we're looking at here, if they could look at slowing down the increase of the cost of living for social security, look at -- >> would you be open to that. >> and you know there is a chance there could be an elimination of certain tax cre. neil: a grand bargain. >> would she be willing to raise the minimum wage. neil: where does that come from? >> you need businesses. >> there you go again. a horrible impression. i want to thank you, we'll see the debate ensues great jo
is also a very interesting idea to consider. put a little box in your car and pay taxes only on how many miles you drive, not on how much gas you pump or how much gas you use. the people behind this idea say it would mean the end of the gas tax and that you would be rewarded for driving less, but could it also mean an invasion of privacy? who is up? who is down some swho a winner if this actually takes place but one idea that one state is testing out and we will talk about it. >> look forward to hearing about it. >> of course. >>> it is time for your morning rhyme. our tweet of the day comes from? >> rich chosen one. that is his name. rich chosen one. he writes halloween's frights kept me up all the time but it's all right because i have "early start" in my sight. multiple use of the rhyme there. you can come up with your own any time you want. tweet us with the addresses and we appreciate it. >>> coming up next, a remarkable story. >> right now, more than ever, there seems to be a lot of hope and optimism. >> the american trying to lead iran to glory on a soccer field. we are live in te
penalties from a tax refund, but if you aren't owed anything, the irs' options are very limited. why? congress banned the irs from using its usual techniques to force people to pay the penalty when it passed the affordable care act in 2010. >>> we have a chilling story out of colorado. police this morning searching for a predator who snatched a little girl from her bedroom in the middle of the night. authorities say the man pulled her through the unlocked window but the 8-year-old fought back courageously breaking free. her father heard her screams and ran outside to help her. he tells police he saw the suspect speeding away in the alley behind the house. >> we are treating this matter extremely seriously. we think there's a predator out there and he has to be stopped and he has to be caught. >> all the apartments on this block, it had to be somebody they knew, to know which room she was in and all that kind of stuff. >> investigators say they do not believe this family was specifically targeted. they did release a stretch of the suspect and they're treating the case as an attempted
exchange has contacted the government does not that. skeptical of that, a doctor, obstetrician and taxes, stopped practicing a job. now a congressman. doctor, you wrote an op-ed were you said america was supposed to be different from europe. what is your point? >> honestly, the whole premise of the founding of our society was that it was a free society based upon limited government with government with the consent of the government. we broke away from a country where the divine right of kings was the popular philosophy. you owed to the king the tide and tax because after all, he was anointed by god. john: a majority at the time voted for it. >> it passed and as the president is apt to tell you very quickly, it passed through the supreme court with some changes. you know, is still be, a part of the united states congress to change something that is bad. chase something that people don't want. and really, the next up in this trauma, if you will, is up to the american people. i have done what i can't the last three years to either try to deflect or improve are not damaged people so badly wi
lerner violated federal law by sharing confidential tax information from tea party groups with the federal election commission, judicial watch said they obtained e-mails from lerner that shows she disclosed information from several conservative groups including the american future fund, and the american issues project. lerner retired from the irs last month. but congressional investigations are ongoing. >> on wall street today stocks moved low edow down 73, nazdaq down 7, and nazdaq down 11. >> stocks posted strong gains for october, dow up 3% in october, s&p you of 4 1/2%, and nazdaq a gain of nearly 4%. on economic front, jobless claims fell by 10,000 last week. we're coming right back with much more. stay with us. >> out of touch perhaps but real out of the loop too? the president's accolade shield him from scandal from benghazi to the obamacare, the obama defense remains the same, he just doesn't know. congressman brad win drop with us next. as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the s
times, regulation light, across-the-board tax cuts, might even give tax credit to middle class families, instead of all this spending, which has done nothing. there is no upturn coming in the first half of next year, trust me. >> this could be a crushing blow to toyota as consumer reports lowers the boom on its most popular model. and ford doesn't fare too well either. jackie deangelis has the latest on that story. and "the kudlow report" is coming right back. but first, we found the tape. here's more obama care comic relief. >> if our web site still isn't loading properly, we're probably just overloaded with traffic, millions of americans are visiting health carcare.gohealt is great news. unfortunately, the site was just designed to handle six people at a time. if you're in a rush consider using our low-res web site with simpler fonts and graphics. my customers can shop around-- see who does good work and compare costs. it doesn't usually work that way with health care. but with unitedhealthcare, i get information on quality rated doctors, treatment options and estimates for how much i
'm assuming, as i pay my taxes, that they're listening to everybody. >> yes, i hope so. and who is that lady that -- >> what they're not doing, i'm assuming, is taking notes. i think where we went wrong with the u.s. administration, joe, they wrote it down that they were listen to go angela merkel. >> that's what happens. who's that lady that tells daniel craig what to do? >> m. >> she knows, right? >> yes. i'm just trying to get this straight. the germans, they're rich. the germany at this point is -- it reminds me of cas casablanca. germany has not earned its spying outrage with all of their arms dealings and all the -- anyway, we get involved in everything over here, ross. >> there was a report yesterday, annette talked about it out of frankfurt. there was one report in the german press that said it may -- because of hangovers from the laws post the war, it may not be illegal for the u.s. to spy on the -- to listen in on the german fwoft. so there is some debate about whether the u.s. has broken any german law whatsoever. >> right. anytime you guys want you to stop funding nato and protec
but they will have some new options for those who want to cover their employment and new tax credit possibilities. for large employers, 96% already cover their employees. the penalty that you're constituents referred to is not a penalty that is imposed in 2014, it is being discussed with businesses about what kind of information is exchanged and it will take place -- >> i thank you. he's going to use the gavel on me if you don't hush. i yield back my time. >> how much time -- the chair would recognize the gentle lady from california, miss eshoo. >> welcome, madam secretary. you're a distinguished woman, you have distinguished yourself and your state, the offices that you've held and now working for the american people and i salute you for it. i want to really congratulate my republican pals for being absolutely 1,000% consistent. you love what's wrong with the web site and you detest what's working in the affordable care act, and i think that that is on full display here. but let's get back to the web site because that's what the hearing is about. it's my understanding that november 31st is the -
for me to take this tax. think about that for a second. if that continues at this pace, it could be a $3 trillion or $4 trillion expense to the american people. he said you can keep your interest. they lied about so many things. to get this thing passed. from top to bottom. they talked about abortion not being in it originally. they even got one congressman to sign on, promising him abortion wasn't going to be in it. >> stupek. >> right, top to bottom, they've lied about it. talk about this for one second. when you realize how much this is going to cost them, they'll have to do one of two things. either tax the hell out of it and give the irs, they're going to have to muscle them up. right now, the irs can't garnish your wages. you just have to hope these people pay their taxes. or they're going to have to turn around and say every taxpayer in america is going to have to pick up the tab. >> that's what's going to happen because they don't have enough money in the till to balance it out. now you've got young people that are going to be uninsured, angry and penalized by the federal governm
the state have access to quality health care. i would rather see our tax dollars spent on improving our kids' schools rather than defending this law. greg abott immediately filed an appeal to today's ruling. joining me now, msnbc and planned parenthood in houston, texas, one of the plaintiffs in the lawsuit. this must have been quiet a win down there today. >> yes, lawrence, thank you. this ruling is a victory for our parents. it's a ruling for women. it sends a clear signal across 50 states. it is unconstitutional for politicians to pass laws that take away the private personal health care decisions that women make in consultation with their physician. >> melanie, i just want to check one thing. the 30 mile rule of being knocked out, does that mean there won't be any facilities that will have to close as a result of any other provisions in this law? >> well, that remains to be seen. but what this does mean is that women across the state will have access to abortion care preserved for them. >> crystal, here is a george w. bush judge looking at what this legislature did and saying that it can
primaries favor an errant pass the legal status. paying fines, back taxes, learning english. there must be a lot of policy options between that which is favored by the conservatives and your amnesty. and the base is broader yet, not just about legal status but the things that i care deeply about, pro-growth policies, having an economy that performs a 20th-century standards in the 21st century which is why you saw some of those people there. we have temporary worker problems, core visa system that is not about growth, and we should fix that. lou: i agree that we should fix immigration, have highly selective expanded work visas into this country bringing in of the brightest, most educated and skilled people that we possibly could. give me an argument on we have 23 million people unemployed, underemployed in this country and they have been chronically slow and too many cases, an argument for 12 million illegal immigrants to do not meet the test of either higher skills or education. >> so two points. the first is the market will determine the test of what skills are valued. a lot of college
was a perfect fit for the tea party. >> he interrupted the tax money flow. tide goes in, tide goes out. in the temple, when he saw the tax collectors dragging the money out of the poor people and overturn their table. and once he did that, his fate was sealed. >> i don't know what that means. >> and today's top trender, cheap talk. i can't use the "s" word. >> oh -- >> they have crappy insurance. we're going to be getting rid of junk insurance plans that haven't delivered anything for the american people. conservatives won't trash junk insurance. >> you can keep the plan that you have and like, but there's a but in our health care right now? there's a but in the system? >> that's a big but. >> the community is welcoming the destruction of what are called, you know, the skinny plans. >> you find something goes wrong so you pick an enemy and you demonize somebody else. in this case, it's the insurance companies. >> this just kills the market. >> we chose those policies and yet the president says you didn't choose well. >> what else would you expect from the republican party but a bunch o
. >> let me help. read my lips, no new taxes. >> i did not have sexual relations with that woman monica lewinsky and if you like your present health insurance plan you can keep it. do you know what a lie is in politics? >> i want to hear this. >> dupe what a lie is? you heard one. this guy bait and switched the american people. >> he did not. >> billy cunningham, you are going over the line here. >> you're wrong. >> 14 million -- 96% of the american people either the don't have it. >> they knew it when they lied. they plan plaited even people like you. >> i don't think it. they all ew three years ago. >> we were cooking. i was in there, too. >> the government had the numbers. the government knew. they knew. they didn't tell us the truth. something amazing during the stuff on iraq? he said history will decide whether i made the right decision or not. history is going to decide this one. if you're right the democrats will lose in 2016 and lose the presidency. >> not going to happen. >> their goal in november of next year is to take back the house, then give us a single payer system. >> ho
, taxpayer subsidies of workers who work at walmart, they see tax payers filling the gap of low wagers. i asked him about this report from the committee, estimating 300 worker, walmart supercenter in wisconsin for example, would likely cause taxpayers $904,000 a year in employee -- in taxpayer subsidies, medicaid, welfare benefits, other benefits, and this is what he said. >> we are no different than any other retailer in america. we provide opportunities for people to join the company and to grow. the level of subsidy that exists is an issue that the, you know, the government decides. >> he also wanted to point out and did a couple times in the interview that those critics are influenced by pro union groups, you know, who want to unionize walmarts. he said, we provide a good entry level job. they are the biggest player. there's nobody bigger than walmart. what walmart does really, really matters. what they're trying to say, amidst all this discussion about are they not paying enough, they're trying to show they do promote people and they are a place to work where you do have some mobilit
whether groups are eligible for tax-exempt status or whether the website for his signature health care plan is sufficiently tested. sometimes they involve policy decisions like monitoring the telephone calls of our allies which has been going on shortly after the 9/11 attacks. the white house response to shrug off the question whether the president is out of the loop as more mudslinging from his critics. >> certainly true that you have conflate ad bunch of very disparate issues. >> republican critics are making the case though that the appears to be in the dark about some pretty significant stories that are swirling around this white house. >> well, republican critics say a lot of things, jim. >> reporter: republican national committee has certainly picked up the pattern, releasing a list of things that seemed to catch the president by surprise and calling it, the president, i'm sorry. martha, i've lost the -- martha: but it leads to sort of the next issue here. i'm thinking about even robert gibbs, the former close advisor of the president who has been critical in recent weeks about h
, the latest from the belt way just said. >> looking to with to bring in tax revenue but judge andrew napolitano says it is an invasion of privacy and it could change life as we know it. lori: looking at the business of helsinki and the still showing no sign of slowing down and you won't believe how much we expending on costumes for our heads. actually i would. adam: you would? when a and guilty as charged. adam: the dow is positive. >> at the halloween. the dow is down 9 points. we have the nasdaq and the person the in the green on this final day of a great month of october. the broader market 4% this month. we will take it. you with a nearly year there is concern that the fed won't be as inclined to keep the stimulus coming as long as we are hoping. release solid midwest manufacturing number is bolstering that belief, the dollar up, commodities down and that is where we are trading today, stock has been all over the mack in after-hours after the earnings report, stock as much as 18% and when it opened this morning was down 5%. now you can see a green arrow, there is concern in despi
're going to visit the wedding tax, next. ♪ nothing says, "you're my #1 copilot," like a milk-bone biscuit. ♪ say it with milk-bone. we've always been on the forefront of innovation. when the world called for speed... ♪ ...when the world called for stealth... ♪ ...intelligence... endurance... affordability... adaptability... and when the world asked for the future. staying ahead in a constantly evolving world. that's the value of performance. northrop grumman. that's the value of performance. i started part-time, now i'm a manager.n. my employer matches my charitable giving. really. i get bonuses even working part-time. where i work, over 400 people are promoted every day. healthcare starting under $40 a month. i got education benefits. i work at walmart. i'm a pharmacist. sales associate. i manage produce. i work in logistics. there's more to walmart than you think. vo: opportunity. that's the real walmart. >>> welcome back. in the crossfire tonight, former governors richardson and bob ehrlich. let me share the president's halloween tweet -- don't let anyone scare you out of gettin
because of the new tax they have to pay. all of this is a direct result of obamacare and it's hitting the economy when unemployment remains very high, the debt is astronomical and growth remains at a miserable 2% or less. do not expect this president to take responsibility. he will blame the republicans for the shutdown and he'll blame the shutdown for the slowdown, but forget politics, forget it for a second. the point is that obamacare is going to hurt the economy. it's going to hurt when we can least afford to take another hit. i really want to end on a positive so i will engage in wishful thinking. suppose that democrats in the senate come to understand that obamacare is a disaster and they kill it? now, i know, highly unlikely, but i'm speculating here. but can you imagine the growth that killing obamacare would unleash? can you imagine it? i live in hope. [ music transitions to rock ] make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you open an account. [announcer] ...eve
growth and the rest of us who do work have to pay much higher taxes, which we are now. as a consequence, we can't afford the basic things in government that we need, like a decent national defense or expenditures on science and technology. the chinese seem to have a better space program than we do these days. >> you mention defense. we've got a graphic that shows how defense spending as a percentage of the tkpwopd has gone -- as a percent of the g.d.p. has gone down. in 2012 it was 12.3%. fast forward to the 2016 estimate and it looks like just 3.1%. what's the matter with spending less on our national defense, professor? >> let's look at what's happening in the middle east and asia. in the middle east we've abandoned egypt, for example, narrowing our focus. they justify this by saying we're shifting resources to asia. look at what has shifted to asia. not that much. now the japanese, the prime minister is saying that japan has to rearm to protect itself from china because they understand that just as the president abandoned morsi to the mob in the streets, when it really counts on thos
, but it's going to be hard to find. >> well, there's a lot of money sitting offshore that's not taxed. that's for another discussion. i want you to come back. i enjoy visiting with you. we will do it again. mr. stockman, thank you very much. that's "the ed show." "politicsnation" with reverend al sharpton starts now. good evening, al. >> good evening, ed. >>> and thanks to you for tuning in. tonight's lead, the truth about the gop effort to kill obama care. it's not really about the health care website. it's about the entire law. today republican leaders made that clear. >> you know, the problem with obama care isn't just the website. it's the whole law. >> and the bottom line is the problems with obama care run deeper than just the website. >> hear that? this isn't about the website glitches. it's about scrapping the whole thing. never mind that 17 million children with pre-existing conditions are now covered. never mind that insurance premiums are 16% lower than expected. the gop wants all this to wither on the vine. and they're offering no alternatives of their own. and today democ
%, that's a 20% increase out of the box. secondly, there's anywhere from 4% to 5% in taxes and fees associated with the new affordable care act. and then there are changes -- the third thing, there are changes in rating. there are more benefits required. there are changes in, you know, preexisting conditions. all those add up to an average increase we've seen across the united states, depending on the market, of anywhere from 30% to 40%, ranging anywhere from low single digits all the way over 100% increases. >> the point is, the more people who opt in, the less the premium has to go up. more people opting in, that's more premiums coming in so the levels of the premium don't have to go up so much. but that's a big if. let's talk about the impact on your bottom line for next year. in your conference call today, you said, it's unclear what your growth is going to be next year, in part, because of the dust failing to settle on obama care right now, right? >> well, i think there are a lot of factors. first, the economy and whether or not there's going to be a change in utilization, so i
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